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as the evening unfolds is whether or not mitt romney can seal the deal tonight. a lot at stake here for mitt romney going into all of these states across the country. romney really looking for a big win tonight. whether or not he can seal the deal across the country, that's going to be the big question that we're all watching, larry. that's going to be the big issue that's on a lot of people's minds tonight. back to you. >> all right, amman, thank you very much. we will see you later. now, other other top story this evening, and it's a big one. the first triple digit drop in the stock market all year. let's get right away to our stock market mavens. we bring in dougy cass, and mike holland, chairman of holland and company, and cnbc's own kelly evans. doug, let me just ask you. there's a lot of things going on here. i just want to ask about the potential of a credit default event in greece. if they don't get to 90% bond swap, then as i understand it, credit default swaps will kick in. that's not good for ebanks, and that's not good for the market, and that may be a key part of today's sell-of
market and we're going to dive right into it. sizzle number two. the santorum threat against romney. well, last night's primary showed it. romney's got to make a much better case that romney care in massachusetts isn't obama care. that's his challenge. and the story everybody's talking about, a goldman sachs executive quits in a very public way writing an op-ed in the "new york times," calling the firm and i quote toxic and destructive. but we ask, is the giant headed for failure? we begin tonight with the markets, the dow up 16, the close at 13, 194. the nasdaq up a point to 3,040, the s&p closing at 1394. now a little micro. rates rising, dollar strong, dollars up by .5% to 80, and gold is falling $51 all the way down to 1,642. ten-year bond rates closing at 2.72%. all right, rick santelli, my take is the economy's getting better, real interest rates are rising, that's boosting the value of the dollar. and because people like the economy in the stock market they're getting out of gold. what are you thinking? >> well, that there's several areas that are contributing to the increase in ra
you have for us tonight? >> all right, jimmy, mitt romney and the markets bounce back. good evening, everyone. i'm larry kudlow. this is "the kudlow report" coming to you tonight from washington, d.c. this morning i moderated the business roundtable discussion on the ceo plan for jobs and economic growth. so sizzle story number one this evening. stocks come back thanks to a strong adp jobs report and a weird fed story that somehow they're going to buy more bonds without creating more money. it's all hooey. don't believe a word of it. we break it down in just a moment. sizzle story number two. once again, mitt romney snatched victory from the jaws of defeat with a come from behind razor-thin win in ohio. but he still has a slog of a couple of months. sheer one more sizzle. the new ipad unveiled today. it's hd. it's g4. and it ipaded stocks for everyone but apple. first tonight let's turn to our market panel. maybe we can get rid of all that music that is blasting in my ear. thank you very much. we're going to do some stock market work on today's comeback. joining me now cnbc contribu
news this hour. polls in three states have just closed. nbc news projecting that mitt romney will win the massachusetts primary. moving west, oklahoma, nbc news projecting the race is too early to call. and in tennessee, the same thing, too early to call in tennessee, john. >> right now the biggest battle ground state, ohio, is too close to call as well by nbc news. that is the place where mitt romney has to beat rick santorum to preserve his claim as the inevitable nom knee. newt gingrich expected to win his home state of georgia. that might keep him in the race for now. mitt romney row jected as the winner in virginia where only he and ron paul were on the ballot. romney also the projected winner by nbc news now in vermont. >> welcome to our special super tuesday your money your vote coverage. i'm maria bartiromo. >> and we're i'm john harwood. 424 delegates are up for grabs tonight in 11 states across the country. >> all this happening on a day when your money went on a wild ride. stocks posting their biggest losses of the year today. dow jones down 203 points, more than 1.5% on th
economy and the american experiment. but first up, we're going to sizzle with mitt romney who sizzled in a comeback in michigan and also swept arizona. he snags victory from the jaws of defeat and i think he did it by touting his supply side tax and economic growth plan. we're going to get to our panel in a moment. but first up, robert costa of the national review with all of the latest h. good evening, bob costa. >> look, mitt romney got the momentum out of michigan, but it's a more complicated story. he split the delegates. 30 delegates in michigan, santorum walks away with 15, romney walks away with 15. so romney got the momentum, he wrote his tax cut, his big speech on friday, into victory in michigan by a couple of points, but in super tuesday, santorum's not out of this hunt. >> what does romney have to do to stay on message? i agree with you that tax cuts and santorum's miserable performance on extreme culture war, i think the tax cuts did it. what does he got to do, bob costa? >> look at what he said last night in his victory speech. it was a speech that really focused on the
for mitt romney 234 illinois, and i battle a leading democrat over paul ryan's budget. good evening, everyone. i'm larry kudlow. this is "the kudlow report." the polls in illinois close in less than an hour. it could be a big night for mitt romney, and i have a message from my friend newt gingrich. newt, it's time to get out of the race. plus, congressman paul rooen releases a dramatic new budget plan. it slashes taxes, spending and the federal debt, and i take on a democratic leader. we disagree face-to-face. and is russia's bad boy vlad peer putin about to push up oil prices even higher? plus, will the saudis bring them back down? all right. first up this evening, looks like mitt romney is poised take illinois and tent's republican primary. polls close in less than an hour, and cnbc's own john harwood joins us now with all the latest on the race. good evening, john. >> good evening, larry. you know, mitt romney in polls in the last couple of days heading into this primary had opened up a lead. the average in real clear this afternoon was ten points for mitt romney. if
. kntv scott budman. coming up on cuddly romney surging in the polls in ohio. gop candidates gearing up for super tuesday, which is four days away. now, some pundits are saying the improving economy has already decided the election for president obama. me? i am totally not in that camp. however, we'll debate former dnc chairman governor howard dean, former gop chairman michael steel. we'll face offer. is the election over? no way. we've hardly begun. today is gonna be an important day for us. you ready? we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention on site, attention on site. now starting unit nine. some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. this is an rc robotic claw. my high school science teacher made me what i am today. our science teacher helped us build it. ♪ now i'm a geologist at chevron, and i get to help science teachers. it has four servo motors and a wireless microcontroller. over the last three
this political hoopla. we're all over this story. and sizzle number two tonight, mitt romney wins big in illinois. and now the republican party is kohl lessing behind him. former florida governor jeb bush endorsed as did the freedom works tea party. now the most basic question of all, can romney beat obama. but first up this evening, let's get the lay of the land on this whole keystone pipeline. good evening, eamon. >> good evening, larry. president obama calls his energy strategy all of the above and is traveling the country this week in an effort to prove it. today the president appeared at a solar plant in boulder city, nevada, where he defended government investment in solar energy. but tomorrow we'll see him in a very different setting at an oil pipeline storage yard in curbing, oklahoma, where he'll deliver remarks about a new pipeline there that will bring oil to the gulf of mexico. tomorrow's visit highlights the fact that a part of transcanada corp.'s keystone pipeline is being approved. and larry, the southern part of the pipeline is being built in spite of the president, not because of
washington. >>> mitt romney adds six more states to the win column. >>> and the resource of the economies slows to a crawl in the latest quarter. grabbling the local dollar and reviving talk of easing. >>> hello. welcome to the show. you're watching the "worldwide exchange" with christine tan and me, of course. let take a look at what's going on around the markets. yesterday we had this big selloff struggling for direction. if we look at the movements overall in this index, we're higher but just by a fraction. they keep bouncing around. between upward 1% and 2% overall. looking around the region, though, this is how it's varying from country to country. in the uk, the ftse 100 is up by 1.1%. similar moves for the dac. the cac is moving. we are struggling to get back onto the upward trajectory after the selloffs we saw yesterday. just to remind you, the cac was down by 3.6%, the dax, 3.3%. let's move on to some of the other markets and see what's going on here. the euro/dollar, 1.018. as part of the big markets yesterday the euro lost ground against the dollar. we had the 1.8% move yesterd
santorum to call it quits. mitt romney pays courtesy calls to the tea partiers telling them that he and not rick santorum is the conservative candidate to beat president obama. and story three, and another exclusive. ron paul will join us. we will speak with him about rick santorum, mitt romney, keystone oil politics, the gop budget, and much more all of this just minutes away. we certainly will not want to miss that. all right. let us begin, though, with the top story of the day. president obama playing pipeline politics out in cushing, oklahoma. john harwood is joining us now with more. john, is this a change of heart by the president? or did he really, as he says have to wait to do enough environmental checks as he claims and was sort of backed into a corner by republicans? >> well, he was first backed into a corner by environmentalists, brian. i believe the president was intending through his state department to approve that keystone pipeline, then the heat was turned up, he was responding to his political base. so, yes, he was playing politics as republicans are playing politic
southern primaries close. alabama and mississippi. to see if mitt romney's electability passes its southern stress test. the mississippi governor is going to join us. one more story we're covering tonight. president obama tells china to play fair on key commodities. he is going to haul them off to the world trade organization and, you know what, folks, i am going to agree with the president on this one. we begin with the markets. it was a terrific day. dow up 218 points. s&p jumping 25 points. nasdaq up 56 points to get past 3,000. for the first time ever the dow is over 13,000, while at the same time the nasdaq over 3,000. now, cnbc's own bob pasani live at his host at the new york stock exchange. >> good evening. it's time for some excitement down here, don't you think so? i think we had three separate events here today that helped move stocks. sort of a perfect storm for the stock market today. look what we had, number one here. we had global growth issues. china, maybe in for a soft landing. maybe not in for a hand laddering. the u.s. economy is slowly improving. we had retail sales bet
at mitt romney with 119, newt gingrich with 30, rick santorum at 17, and ron paul at eight. >> i keep hearing people tell me they were undecided and now they've decided to join with us. >> it's gut check time. who wants it the most? what do you say? >> we're going to be talking to our chief washington correspondent, john harwood, in just a few minutes. in the meantime, jobs and the economy are obviously key issues pour voters right now. listen to this, the atlanta fed has created a new tool that allows you to estimate the number of jobs that president obama needs to get below 8% unemployment. it does assume the participation rate stays the same. if you take that assumption and you plug in the numbers, you figure there are eight months left before november and you want to see a target unemployment rate of 8%, the average monthly change in payrolls needs to be about 130,000. a note out on this topic says that if labor force participation stabilizes at the current rate, then the president needs 232,000 jobs per month to get the unemployment rate below 8% so there are some different facto
, we begin tonight with my interview of mitt romney. i sat down with him this morning in canton, ohio. ohio is the battleground state. governor romney and his new 20% tax cut plan snatched victory from the jaws of defeat in michigan. and i began asking whether he sees the same thing playing out 24 hours now in ohio. >>> governor mitt romney, welcome back to "the kudlow report." we appreciate it very much. >> thanks, larry. good to be here. >> some people believe that your 20% reduction there the personal tax rate really helped snatch victory from the jaws of defeat in michigan a week ago. is the same scenario going to play out in ohio? you're catching up in the polls. have you stayed with your tax cut message? >> there's no question about that. this is about getting the economy going again. and getting our economy going, putting people back to work, means getting our marginal tax rates down. the president wants to take the other direction. i think as long as we're talking about the economy and jobs, and, by the way, shrinking the deficit, we're winning. when we're talking about all ot
's primary day in illinois. will a decisive win ahead of front-runner mitt romney run others out of the race? first, seema ahead of day's actions. >> it's not just oracle making a big move. i'll get you all of those details after this very short break. cnbc's "closing bell" is coming back in a flash. only hertz gives you a carfirmation. hey, this is challenger. i'll be waiting for you in stall 5. it confirms your reservation and the location your car is in, the moment you land. it's just another way you'll be traveling at the speed of hertz. but not how we get there. because in this business, there are no straight lines. only the twists and turns of an unpredictable industry. so the eighty-thousand employees at delta... must anticipate the unexpected. and never let the rules overrule common sense. this is how we tame the unwieldiness of air travel, until it's not just lines you see... it's the world. hey, it's sandra -- from accounting. peter. i can see that you're busy... but you were gonna help us crunch the numbers for accounts receivable today. i mean i know that this is important. well,
, this is a video that really draws an express comparison between barack obama and mitt romney, pointing out in the obama video that romney would have let detroit fail rather than go in and do the auto bailout. that is going to be a campaign theme. we see throughout the rest of this year, larry, as the obama administration has clearly decided that that auto bailout is something that they want to run on in the fall. >> all right. eamon javers, thank you very much for the movie premiere. next time i want some popcorn, real criticism, maybe an oscar performance. let's bring in our guests who will go do the criticism. we bring back keith boykin, clinton white house aide. jennifer ruben, the author of "the washington post" blog and my pal mark simone, radio talk show host. mark simone, i don't know if it was a bailout of detroit. bailing out unions? what's so good about that? >> you could go with the romney organized bankruptcy. that might have been a good way to go. but as far as this movie, let me put this very politely. it was shovel ready, if you know what i mean. >> shovel ready! >> it's unf
this about romney? he has won like boardwalk and park place and what are the green ones that are good. pennsylvania -- >> oh, yeah. north carolina? >> these aren't states anyone but on the boardwalk it's some of the good property. >> marvin garpd dens over there? >> ohio, florida, and michigan. >> marvin gardens is the other. >> that's yellow. >> is it yellow? >> arizona is yellow. >> wait a second. what are you calling georgia at this point? like baltic? >> georgia had a lot of delegates. >> but that was home state and -- yeah. he won 54% of the delegates. 54% in the general election would be land slide obviously. >> but, john, if you look what's happened. e we thought is there a situation where he's cleaning up? this doesn't look like anyone got knocked out of the race. >> that's right. no one has gotten knocked out of the race. i think we've known from the beginning mitt romney is the only guy with the infrastructure, the campaign, the credibility to make it to the nomination that. was true at the beginning, it's true now. he is highly likely to be the republican nominee. however,
hours before the polls close in in illinois, it looks like another romney sweep. to me, he looks unstoppable. but santorum's not backing down. take a listen. >> i don't care what the unemployment rate's going to be. it doesn't matter to me. my campaign doesn't hinge on unemployment rates and growth rates. >> and folks, apple issues a new dividend plan, a stock buyback. the stock went up today to close above 600 bucks. but besides techs, what about banks which also climbed? >>> but we begin tonight with one key component in this fight to get gasoline prices under control. it's become issue number one for voters and the economy as we move into the spring. we'll debate whether the president's doing all he can in just a moment. but first up tonight, cnbc's own sharon epperson sets it all up with a report on how much capacity this country's gasoline refiners really have. good evening, sharon. >> good evening, larry. we've seen a dramatic reduction. we're now looking at gasoline futures that are near their highest levels since april of last year. we're talking about a 27% increase in t
the race goes all the way to the convention. newt gingrich, rick santelli, mitt romney, ron paul will have no incentive whatsoever to get out of this race. however, if mitt romney can win in ohio, can win some other states, nice bucket of states beyond virginia which is a slam dunk for him, on super tuesday, i think it will go a long way to convincing republicans he, indeed, is inevitable, whether it's going to happen that day or over the course of the next month or so. >> it seems that way. of course governor romney won in arizona and michigan this week. last week by three points in michigan where he had the support of college-educated, wealthier voters and senator rick santelli getting the support of those making under $100,000 a year. what's your take on the class distinctions of the voters in the republican primary bat until how does that impact the general election? >> there's been a pretty clear pattern in every single state so far that mitt romney does well with older voters, wealthy voters. where he struggles are with social conservatives and with those working-class republicans. t
for that. and is there a southern surprise for mitt romney? can he take alabama and mississippi on tuesday? whoa. first up tonight, story of the day. the jobs report. now once again, here's the good news. non-farm payrolls, they did rise 227,000. that's the third straight month above 200. job creation is picking up. that's good. but the bad news is the unemployment rate is stuck at 8.3% and if it were adjusted for normal participation rate it would probably be over 10%. and there are still nearly 13 million people out of work. so let's talk about this whole story. we bring back cnbc contributor robert reisch, who is a former labor secretary and the author of "aftershock." cnbc contributor jim pethakukas of the american enterprise institute. jimmy p, what is the real unemployment rate? okay, i'm glad we're creating more jobs. i think that's great. but what is the real unemployment rate now? >> well, listen, a lot of it has to do with this labor force participation right. if it's back where it was when obama took office, the unemployment rate would be about 10.8. if you use various demograph
paul to really get behind mitt romney so that the focus can be singular at this point? >> i really hope so. i noted in i think the "wall street journal" this morning they mentioned that already the obama campaign is sitting on $85 million in cash while obviously mitt romney is having to spend a great deal of money in these primaries. so every day, but more importantly than that, every day that goes by that there isn't a contest between mitt romney and president obama is a day lost for mitt romney. and i would also add that because of the nature of the attacks and the super p.a.c.s, by the way the most disgraceful decision of the united states supreme court in my memory maybe not in the history but certainly in my memory, out of ignorance and stupidity they issued the citizens united decision. but anyway, so with the negative ads funded by the super p.a.c.s, we've driven the unfavorables of mitt romney up higher which is the advantage to president obama. as soon as we get to the target and debate and contest between mitt romney and president obama, the better off we will be and the bette
and mitt romney is in a statistical tie with rick santorum. john harwood joins us from d.c. this morning. good to see you. i have "the wall street journal" out in front of me. it says romney is now at 38%. santorum at 32%. gingrich at 13%. we have him come up in the show in the 7:00 hour. ron paul at 13% as well. is it over yet? >> reporter: no, it's not over yet but tomorrow on super tuesday mitt romney hopes to cook a lot of stuff and eat it, to use gary's analogy. he is coming up in ohio. ohio is the place where rick santorum needs to hurt romney because so far when the stakes have been raised and it's come to big tests, rick santorum has won smaller stuff. michigan was a test. he made that a battleground. mitt romney pulled it out very close. but we've seen him follow the same trajectory in ohio coming back from a deficit. it's not an impressive performance but it may be enough to show everybody that he can't be stopped. so you have ten states that are voting tomorrow. that nationally mitt romney has developed, has reflected his comeback in the state of michigan and his trick try in
tuesday. back on the market and the economy. >>> romney's really doubled down his economy 2.0, it's even more tax cuts for the very wealthiest americans who are doing fine. i think that people are still angry out there. and what they're looking for is some vision and some hope that the economy will get better for them. >> voters are saying, look, the one thing i know about governor romney is he's going to turn this country around. the one thing i know about governor romney is the guy focused on jobs. >> the best number that this market could see from this stock, i think from the equity market perspective would actually be the unemployment rate jumping up with a large nonfarm payroll gain. >> i think there's a real possibility here that unless we can figure that kind of package, we're going to have a rolling set of two or three or four-month debt limit extensions throughout 2013, and that would just create a lot of anxiety and just create a lot of anxiety and uncertainty that nobody needs. >>> i'm bertha coombs with the nymex. gold no safe haven today as investors sold off across the boar
detector test this evening. plus just a handful of days before super tuesday. now mitt romney ahead of rick santorum by a whopping 16 points in the republican national pole from rasmussen. however, before we move on, i want to take an important moment to acknowledge some sad, shocking news. andrew breitbart, a conservative media entrepreneur, a friend of the kudlow report, suddenly died overnight. he was a young 43. the whole thing is a tragedy and a great loss to the new journalism. i'm going to bring in ann coulter for just a second to talk about our friend who last appeared on this show just a few moments ago. take a listen to what andrew told me. >> can obama ever cut that union umbilical cord or is he stuck with it? >> he's absolutely stuck with it. first of all, the atmospherics could not be more horrible. it may not be seen on network news but the unions have been out there doing the violence and getting involved in racist rhetoric. this is the union's presidency. he is their proxy. >> all right. thanks very much. let's bring in syndicated columnist and great friend of andrew breitba
? >> mitt romney wins a squeaker in ohio but fails to knock his rivals out of a race that will continue. >> a big mover in premarket trade, pandora shares slumping on dismal forecasts, rising royalty fees. it is gaining listeners but will rising costs drown out profitability. >> and peyton manning's days as an indianapolis colt are over. where does he go and should mark sanchez be worried? >> jim doesn't look convinced. >> no, i think he goes to the dolphins. my analyst work dsays dolphins. >> stocks looking to recoup losses after the dow's first trip triple-digit drop of the year. ge says dividends will keep pace with earnings. jim, you wrote a piece last night saying, brace yourself potentially for another day of pain. >> yes. i still believe while greece can be resolved, the underlying decline, i don't believe it's europe. i believe it's gasoline. >> really? >> yes, i still think that oil has to come down. >> but it has come down. we're at 1.05 on -- >> wait a second, melissa. have you paid less at the pump? you haven't. you went up again this week. >> but this decline we've seen ove
for, and this was the result mitt romney didn't want to happen. why? because not only did romney not win either state, santorum won both of them, gingrich didn't, and because he didn't, even if he doesn't drop out and there would be pressure on him from some conservatives to do that, he's going be a diminishing force in the race, and what that means is rick santorum moves closer. he's not there yet. but he moves closer to a straight one-on-one matchup with mitt romney. he's going go to missouri this weekend where they have caucuses. he did very well this the beauty contest a while ago. and then he goes to the state of illinois, which is interesting because it would be the first race in a midwestern state where gingrich has clearly been downgraded in major way, and if rick santorum could somehow have a victory there, might not prevent mitt romney from being the nominee, i still think he will, but it's going be a more slower and painful slog that will not help mitt romney. >> gingrich told his supporters last night he's going all the way to the convention. he's not planning on gett
hours to go until two major primaries in the south, is mitt romney about to pull off a big upset? all right, but, first up, jus as fast as gas prices continue to rise, president obama's ratings continue to sink. cnbc correspondent joins us with all the details. good evening, john. >> reporter: good evening, larry. this washington post abc news poll has some findings. his overall job approval is down. his handling of the economy is down. this is caused the president, today, as he gave a series of interviews to local affiliate who touted his energy policy to defend what he's done so far and his lack of ability to control the situation. here's president obama. >> i think the american people understand that, you know, we don't have a silver bullet when it comes to gas prices. but they're hurting right now. it's like a tax on your paycheck every time you fill up. and so what i've instructed my team to do, we're looking at every single thing we can do, ultimately, though, the single most important thing we can do is reduce our dependence on foreign oil. >> of course, none of that spares the
which has the most delegates, but ohio is seen is as the biggest battleground. mitt romney has been gaping on rick santorum there. romney has been focusing his message heavily on the economy. >> i'll be able to point out virtually everything the president has done has made it harder to this economy to come back. obama care didn't create jobs. dodd frank hasn't created jobs. cap and trade hasn't created jobs. this president's policies have hurt the economy. they have not helped it. >> and a quick programming note, of course, cnbc will have full coverage of super tuesday starting at 8:00 p.m. eastern time this evening so make sure you tune in. still to come on "worldwide exchange," israel has warned that time is running out for diplomacy to prevent iran from developing a nuclear weapon. what an escalation in tensions would mean for the region. [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy
for businesses really to glow and catch fire. >> from your standpoint, we're back with mitt romney, what is his, in your opinion, his number one pro growth initiative that will make the next four year s. >> better than the last four years. >> i think reducing government organization, encouraging free enterprise, getting the free enterprise system working again, getting the government out of way. they could be delivering taxes and, as he said, repealing obama care. i would say cutting back on the regulatory business would would be huge in this country. >> all right, we'll leave it there. many thanks. we appreciate your point of view. next up on kudlow, day three, are the supremes prepared to strike down obama care? you read your combat. quote. if you take the heart out of the statute, the statute is gone. up next, we talk to david rifkin, the man who represented the 26 states in their challenge to obama care. we'll get an inside-the-courtroom view. stay with us, please. >>> wham welcome back to the kudlow report. today's argument is focused on severabilitity. in other words, if the mandate is ov
. >> in political news this morning, romney killed it last night. that's basically what happened. he report add very big win in the illinois primary. he outspent rick santorum 7 to 1 there and won with 47% of the vote. here's how the delegates' count now stand. take a look. romney, 485, santorum, 191, gingrich, 137, and mr. ron paul himself, 34. joining us from the windy city of chicago, our chief washington correspondent john harwood. mr. harwood, good morning. >> morning. >> is it over? can we finally say the math doesn't add and call it? have we been saying it from the beginning or no. >> i do thing it's over. last night was when we found out whether mr. santorum could turn over the race, which is what he had to do, and he just didn't have the strength to do it. at some point a challenger like rick santorum has got to break through in a big contested industrial state, not just count on going south like he's going to go to louisiana this weekend and try to pick off a win in a very favorable ideological circumstance. he might win louisiana. romney could get a boost -- the polls that we've seen, the
at 7:45 a.m. and in other political new, illinois is holding it presidential primary. if mitt romney wins decisively, he'll create a clear path to the nomination. if he loses or barely win, we could be looking at the first big fight during the republican convention in nearly lthree decades. >> i'm already betting on a brokered convention. >> journalists want it for sure. >> but i think even people in the party. if they were clearly rallying around one candidate, but i think there's a sense that we haven't done this about in forever, let's see what it is actually like. >> i think it would be horrible for the party just as a practical matter. i think the damage that would be done in a brokered convention would be off the charts. i would think. >> there were times when brokered conventionses meant violence in the streets and and you would kinds of crazy stuff. >> there is a sense, and i don't mean to attribute this to republicans in particular, but i do think there's a sense of let's see what this would like look. >> it would be interesting as a theoretical matter. it would make better
romney during the weekend if puerto rico of all places. now the candidates are preparing for tomorrow's primary in illinois. and i will notice has more delegates at stake than any other state so far this year with the exception of georgia and our good friend john harwood is our chief washington correspondent and he has more. john, puerto rico, important, not so important? >> it's nice for mitt romney to get a win heading in to illinois. he picked smup delegates. he has a delegate lead which will be very difficult to overcome. but he needs to definitively stop rick santorum's know men it item with a win in illinois. and if santorum can interest some how break through there, hugh there's a new poll showing mitt romney's only four points ahead of rick santorum in a state that has been thought of as a home game for mitt romney. he needs to win. and if he does, he's going to continue an strengthen his grip on the nomination. but if santorum can break through and get that win in a closely contested mid western state that he hasn't gotten in ohio, he didn't get in michigan, then we could hav
governor romney and he reminded me kenny rogers, knows time when it hold them and time when to told them. i think it is time for people to get behind this good man. >> all right, senator mcconnell. we'll be right back half this short message. didn't really pay too much attention to honestly. i came to yountville really because of the french laundry. this is the place i had been looking for all my career. so i decided to plant a bay laurel seedling to commemorate that. as a chef we are always committed to our suppliers... you know those farmers, those foragers, those gardeners, those fishermen... for me it's really about building this extraordinary community. american express is passionate about the same thing. they're one of those partners that i would really rely on to help branch out my business. whether it's finding new customers... or a new location for my next restaurant. once you have strong support around you, then you can do anything. now this town has become a bit of a food metropolis. and that little bay laurel, it provides bay leaves for every one of my restaurants. the customers
. >> jeff, what about the political season? does it inform your view? is it too early to make a call? romney will be the g on, p candidate and that's easy. we don't know who will win the election in the fall. do you pull back in weight or do you forge ahead? >> that's a big factor and maybe the white house less so than the senate. what we need is political action and that comes out of congress making the legislation dealing with the massive fiscal headwind we'll need in 2015. usually the market is like gridlock. gridlock is good and that's no longer true. we need to see action and a spirit of dealing with these issues and that means the senate needs to shift into one-party control. that is now looking a little less likely than it did a few weeks ago and that may begin to weigh on the market as well. >> go ahead. last word. >> the white house is important to show leadership. you can't run policy. >> we're going to run about the senate and the next panel and the senate and the house and i think that's great insight. john taylor, thank you. >> coming up on kudlow, within six hours we'll see if
romney, now ahead of super tuesday's voting. our chief washington correspondent, john harwood, joins us. he's in the house with the latest developments on that and the nbc "the wall street journal" poll results, barbara bush, eric canter coming out this weekend and saying mitt's the one. >> because so many republicans think it's time to shut this thing down. and voters are beginning to gravitate in that direction. look at the numbers in this nbc "the wall street journal" poll, mitt romney with a 6-point lead. santorum was leading earlier before romney won arizona and michigan last week. now romney's up by six. but he's facing a very formidable opponent, and this is related to why republicans want to get the general election going. barack obama is now up to 50% approval. that's very significant number for a president running for re-election. the economy is lifting him. and then if you look at a head-to-head matchup, november matchup between obama and romney, he's still at 50%, the president is. mitt romney's at 44%. mitt romney is very cognizant and told lawrence kudlow earlier today tha
," it is super tuesday. we want to know who is better for stocks. romney or obama? we make the call and that is next. [ male announcer ] we know you don't wait until the end of the quarter to think about your money... ♪ ...that right now, you want to know where you are, and where you'd like to be. we know you'd like to see the same information your advisor does so you can get a deeper understanding of what's going on with your portfolio. we know all this because we asked you, and what we heard helped us create pnc wealth insight, a smarter way to work with your pnc advisor, so you can make better decisions and live achievement. i've been riding since i was 17. flat out my whole life. ran into a pretty serious medical issue. i was prescribed one drug one place, another somewhere else. turns out if i had taken both drugs together, i'd have been in real trouble. but unitedhealthcare spotted the danger, and warned my pharmacist in time. we only get one shot, and i want to leave this life exhausted. we're more than 78,000 people looking out for 70 million americans. that's health in nu
recognize that and in effect formally line up behind mitt romney. we know right now that mitt romney will be the republican nominee when rick santorum was not able to break through in illinois after failing in ohio and michigan. it's pretty clear that he just doesn't have the umpf behind his small campaign that has been underfunded compared to mitt romney. just doesn't have must have to enough to do the damage he needs to stop mitt romney from getting the nomination or to get it himself. but candidates have goals they want to accomplish. you invest a whole lot of your ego and your blood sweat and tears in these campaigns. so the decision to get out of the race and say i'm done is very difficult to make. ron paul is a different case because ron paul wants to advance libertarian politics. he wants to enhance the influence of the string of republican inch that he represents. santorum and gingrich, somewhat more complicate in terms of their calculation. an i would expect them to go on for some period of time. gingrich says he's going all the way to the convention. that could happen. but
wealthy rival, mitt romney's, inability, or difficulty in connecting with average people. >> i think there are a lot of successful people in this country who connect amazingly well with the american people. one of the reasons they are successful is because they connect well. i don't think that's the reason governor romney was successful. it's because he connected well with the american public, he was successful for other reasons. it's hard sometimes to go from one sector, or one area and transfer those skills into another area. and that's why you say, well, you know, i have business experience, that makes me the pest person. there are certain skills that business people have that are in fact helpful when it comes to being a political leadership. but there are skills also that those who were involved in public life bring to the table that are also important skills to governing this country. and i would just sugst that governor romney, like every candidate, has flaws. i do, he does. and the question is, who's the best person with the least amount of flaws and most amount of strengths t
. but first up, here's who mitt romney blames on the campaign trail. please take a listen. >> president obama did not cause the recession, but he most certainly failed to lead the recovery. on the issue of jobs he failed. but on one goal he succeeded. that was to raise energy prices. all in all president obama prolonged the recession and slowed the recovery. president obama's economic strategy is a bust. >> tough stuff. but if the economy is a bit stronger than we think, who gets the political credit? and is romney's race for the white house at risk in a better economy? let's talk to matthew o'brien, associate editor of "the atlantic," mark simone and first of all, is the economy better than you think? >> during the bush years if it happened, they'd scream it was wall street benefit, not main street. jobs are still not there. could you hit rock bottom and start to slowly creep up. we shouldn't be doing that three years later. you have dodd-frank hanging over everybody's head, health care problems -- >> health regulations, obamacare. let's be specific. >> you have to wonder about his competenc
in louisiana, he takes on the mainstream media. he said mitt romney, the worst republican to run against barack obama on the issue of health care. new york times asked if romney was the worst republican. take a listen. >> quit distorting our words. if i see it, it's bull [bleep]. come on, man. what are you doing? >> all right, tonight is the mainstream media on the attack against rick santorum. the public is demanding a president explains this comment to out going russian president. take a listen. >> yes, that's not what i'm alleging. >> i understand. >> well, republicans and voters want to know what else is on obama's agenda after the election. that's an interesting topic. but, first up this evening, the supreme court concludes its first day of arguments on obama care. nbc's pete williams joins us now with the very latest. good evening, pete, what can you tell us? >> we're through the underbrush. the question is can the supreme court hear this case? could the lawsuit be filed now. here's why it's an issue. 150 years ago, congress said you cannot challenge a federal tax before it goes into effe
that mitt romney and santorum are in a dead heat although romney seems to have a deficit in terms of the polls. we'll get a presumptive nominee, i guess, and that may have an impact on the market if that is the case. >> don't you think the gop is going to lose the house? and this is something that is perk lati percolating. you've got these people, gingrich has adelson. santorum has foster freeze, the great money manager. they used to not have money to continue. >> citizens united is the decision of the supreme court who decided this super pac idea, that they can keep them in business. it's incredible. >> and it creates a discord. by the way, in terms of oil, ohio is a battle ground state for oil. because both marcella shale and utica, which is oil, is absolutely key for the attempt to be more self-sufficient. neither candidate talking about it. >> right. of course, ohio will be one of those key battle ground states. we shall see. >> does it change the market sentiment if romney is the nominee after super tuesday? if we know it is romney, does it make a difference in the market? >>
you very much. >>> back here in the united states after a weekend win for mitt romney in wyoming and rick santorum in kansas, the g op presidential hopefuls are preparing for con sess in alabama and mississippi tomorrow. john harwood is our chief washington correspondent and he joins us right now with more. and, john, these races are shaping up to be a little closer than we might have expected, correct? >> reporter: yes, they are. mitt romney is doing pretty well. by the way, you have your own massage they are miss on the set there this morning? >> we wish. >> totally different than you're thinking, harwood, with your mind, where that is half the time. we're talking about massaging money. >> reporter: just remember, he always takes a cut. >> he? yeah, he does. there's no happy endings in this massage. i know where you're heading. and you know what, what happened to duke? >> yeah, yeah. >> his some is a tar heel. >> the same thing that happened to carolina. we got beat by a very good florida team, experienced, they're tough, they're good. >> you're not picking duke, are you, john?
that rick santorum wanted to have. not only did he win both races beating mitt romney but he prevented newt gingrich from winning. because newt gingrich couldn't win in the deep south, which is his home region, the place where he won in south carolina and georgia, that makes newt gingrich a diminishing force in this race, whether or not he formally pulls out or not. remember, his campaign team had said earlier he needed to win one of those states. but of course that didn't happen. gingrich says he's going to go all the way to tampa. what you're left with, then, is for mitt romney to make a case on delegate math. i just got an e-mail from his political director saying he increased his delegate lead last night, he has twice the delegates, has over 400 delegates, he's needs 1,144 to be nominated. he's making the case that inevitable. rick santorum is making a message argument. he made that last night in his speech when he said it was time for conservatives to pull together. here's rick santorum last night. >> we will compete everywhere. the time is now for conservatives to pull together. the t
. >>> presidential candidate mitt romney mincing no words about his feelings on the affordable care act signed into law that president obama two years ago this week. on monday, the supreme court will hear oral arguments on the constitutionality of the law and my next guest served as key advisor to both former governor romney's massachusetts reform and the federal health care legislation. jonathan gruber is professor of economics and m.i.t. he also tried to explain it all in simple language in "health care reform." is it constitutional for congress to compel individuals to purchase something? in this case, health insurance. >> i'm not a constitutional lawyer, maria, but when the constitutional were polled by the bar association, 85% said it were. conservative and liberal justices alike supported it and one conservative, former solicitor general charles frooed from the reagan administration said woe eat his kangaroo skin hat if it was found unconstitutional. >> my goodness. it is compelling individuals to buy something, and if they don't, they broke the law. >> it is absolutely compelling indiv
health care conference. >>> mitt romney hitting the campaign trail in ohio ahead of tomorrow's super tuesday primary. up next, we will hear what he is telling our very own larry kudlow about what it will take to went republican nomination and fix the economy. >>> then we go inside the boom happening in luxury retail. which stocks are worth shopping for now? top retail a lists will weigh in. we are back in one minute on the closing bell. yeah, you -- you know, everything can cost upwards of...[ whistles ] i did not want to think about that. relax, relax, relax. look at me, look at me. three words, dad -- e-trade financial consultants. so i can just go talk to 'em? just walk right in and talk to 'em. dude, those guys are pros. they'll hook you up with a solid plan. they'll -- wa-- wa-- wait a minute. bobby? bobby! what are you doing, man? i'm speed dating! [ male announcer ] get investing advice for your family at e-trade. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taki
but romney went crazy on him with the negative ads. >> that's still the case. whatever money either candidate gets directly or in the super pac they use to pour on the head of their leading opponent. it's really tragic. part of it is money but also the fact that our candidates have lost sight of the ball which is president obama. republicans overwhelmingly understand we need to change the leadership. >> if you want to campaign, governor, if you want to get in the position of being the nominee -- >> i understand that's clearly what everybody thinks you have to bash your opponent during the course of the primary. i think it's not impossible. maybe i'm just a dreamer, but if you had focused on what this president has done to the country and will do to the country and what you would do differently to give people better lives if you get the opportunity to lead this country, i think republicans could have said all right maybe he didn't trash the other guy and nothing wrong with the other guy -- >> mitt romney started out trying to do that, and standing -- >> becky you tell me what mitt was running
good perspective at this point when you're, what, less than 50% of the delegates of romney? >> yeah, it's not looking as if rick santorum's got the capacity to stop mitt romney win the nomination outright himself. but he can keep going as long as he he has the money. he's not anywhere nearly competitive with mitt romney on television. romney's way outspending him by multiples in the state of wisconsin. santorum still because of his reputation among conservatives can still run reasonably close to him. we'll see if he can break through. hasn't been able to do it in the midwest before. but it will keep going without a lot a suspense. >> i heard ohio arts, the stock surged. do you know what i'm talking about? >> i do not. >> maker of the etch a sketch. >> oh, right. yeah, that was quite a major blunder by one of romney's aides and the kind of they think that had resonance and both sink grich a gingrich and santorums have been waving etch a sketches around. >> but if you understand politics as you do, and if you're not ready to be flexible, you're not going todecent campaign. and i don't kno
is straight ahead. and of course, gearing up for illinois. it's a must-win primary for mitt romney if he wants to solidify his political strength within the gop. the chicago tribune endorsed him, but will that be enough? former senator jim talent will be live to discuss the republican race to the white house. >> we start off with the story of the morning. that is apple's dividend and buyback announcement. courtney reagan is live at headquarters with all the details. >> good morning. the largest company is announcing a quarterly dividend. $2.65 a share and a three-year, $10 billion share repurchase program. apple last paid a dividend 17 years ago. the dividend to begin on july 1st represents 1.8% yield based on the company's fiscal fourth quarter 2012 earnings and a 2001% increase from the first dividend paid in december of 1995. the announcement and amount in line with wall street's expectations largely. over the last couple months company executives began hinting that an announcement regarding the nearly $100 billion in cash was somewhat imminent. the buyback just an extra sweetener. now appl
today, ty. >> scott, thank you very much. counting down to super tuesday. mitt romney, rick santorum hitting the road to spread their economic message across ten states ahead of next week's big primaries. and our chief washington correspondent, john harwood, got a one-on-one with mr. santorum down in atlanta. what's his growth plan, john? >> reporter: well, tyler, rick santorum's trying to grow his vote going into super tuesday. ten states are on the ballot. he lost two states to mitt romney the other day. i sat down with him here at the atlanta airport where he had a rally. he went after mitt romney saying he practices class warfare in his economic plan, but he also defended his own economic plan, which is to give a zero tax rate for manufacturers. i asked him about the comments from a republican comment that said this is a terrible idea because you can't define what's a manufacture. he said not at all. >> i think markets work. but you have to understand there are different competitive marketplaces out there. and manufacturing is unique in that we have to compete against direct inte
for romney. major garrett is the white house correspondent and mark halperin. good morning to you both. quick question for you. i'm looking at the front page of the "new york times." and mr. santorum is holding an etch a sketch, i don't know if you can see that, you know where i'm going with this. mark, i'll ask you first, does it matter or is this just theatrics and games? >> i only agreed on on do the program as part of an elaborate hoax on paula abdul. that's why i'm here. it does matter because romney's almost certainly going to be the nominee and i think i've said for a while, take out a calendar marking the shows every day between now and november. i think his chances of winning is based on how many days is he talking about the economy and how many days is he talking about his own record and gaffes in his campaign. and his top adviser said something that will linger with -- >> won't we forget about this in a week? >> no. because presidential politics is about controlling your image and they'll use this image. it won't determine the election, but every day mitt romney has to talk about t
subscriber and that's the back and forth. >> on in trade we got below 60 on obama's re-election. romney now at 84. forgetting the nomination. 33% on the possibility of him being president. >> "squawk" is coming back. looking for a better place to put your cash? here's one you may not have thought of: fidelity. now you don't have to go to a bank to get the things you want from a bank. like no-fee atms -- all over the world. free checkwriting and mobile deposits. now, depositing a check is as easy as taking a picture. free online bill payments. a highly acclaimed credit card with 2% cash back into your fidelity account. open a fidelity cash management account today and discover another reason serious investors are choosing fidelity. 20 pages. boom! the other office devices? they don't get me. they're all like, "hey, brother, doesn't it bother you that no one notices you?" and i'm like, "doesn't it bother you you're not reliable?" and they say, "shut up!" and i'm like, "you shut up." in business, it's all about reliability. 'cause these guys aren't just hitting "print." they're hitting "dream.
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